The conventional explanation for word disability is losing mobility due to an unexpected accident. During his/her working career, an individual needs to meet both professional and family commitments. Disability can be caused due to several factors such as serious accidents and sudden illness. In case of a disability, an individual is not able to work. This leads to loss of work which causes loss of income. Therefore, the income of a disabled individual is at a high risk. Moreover, the probability of becoming handicapped increases with age. Consequently, getting disability insurance is essential.

A disability leads to several problems for individuals. The failure to earn sufficient income and support their families is one of the few problems encountered by these people. Besides this, financial constraints are posed by additional medical expenses and incapability to earn an income. Therefore, disability insurance helps you in dealing with more problems than a life insurance.

Disability insurance offers protection against such financial difficulties by payment of a monthly benefit when a person is not able to work. Moreover, this insurance is available to people on both long-term and short-term basis depending upon his/her requirements.

In general, disability insurance provides a replacement income in case you get injured or become ill. Depending on the occupation of an individual, disability insurance differs. The more dangerous the job of an individual, the greater is the premium as well as the limitations. Normally, the amount of coverage offered by the insurance is up to two-thirds of your present earnings. The period for which the benefits are available varies from two years till the age of 65 years. The insurance can continue even beyond the age of 65 years, but the coverage amount may get changed.

We may never feel the need for insurance till the time we are able to carry out with our normal lives. But the day an individual become disabled his/her life witness a turnaround. However, one must be prepared to face the worst. Consequently, getting disability insurance must not be considered a luxury, it has become a necessity. Remember that misfortune can strike anybody at anywhere during the course of a lifetime.